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Apr 23, 2013
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. >>> air travelers across the country are in for another day of flight delays, as the faa scrambles to make due with fewer air traffic controllers. some of the nation's busiest airports fell behind because federal budget cuts have resulted in furloughs across the faa. delays are ranging from 15 minutes to several hours. >>> the record rainfall and flooding that's inundating much of the midwest is far from over. in peoria, the illinois river is cresting today, expected to hit nearly 30 feet. the problem is flood stage is only 18 feet. mississippi and other river towns are seeing similar swamping. near st. louis, more than 100 barges broke free, some smashing into bridges. at least ten of them sank. >>> and there's evidence that we are not exaggerating about the water levels. here it is. take a look at a fish swimming by someone's office window. that's in grand rapids. the river there crested at nearly 22 feet. >> my goodness. >> yikes. >>> today's forecast for the flood zone won't be a welcome one. plan on plenty of rain stretching from south texas all the way to the great lakes. and
. >>> air travelers across the country are in for another day of flight delays, as the faa scrambles to make due with fewer air traffic controllers. some of the nation's busiest airports fell behind because federal budget cuts have resulted in furloughs across the faa. delays are ranging from 15 minutes to several hours. >>> the record rainfall and flooding that's inundating much of the midwest is far from over. in peoria, the illinois river is cresting today, expected to hit...
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Apr 24, 2013
04/13
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the faa's mismanagement of this issue is a source of bipartisan frustration. our goal here shouldn't be to score political points on the backs of weary travelers. it should be to fix the problem. >> i find it fascinating that mitch mcconnell, the leader of the republican party in the senate is decrying the sequester that he decried in the past and then supported. this is a result of the sequester being implemented. we made it clear that there would be these kinds of negative effects if congress failed to take reasonable action to avert the sequester. >> transportation secretary ray lahoud says safety is not being cop compromised. >> this can be prevented. the sequester can be lifted by congress changing the law. >> should people be worried if they're flying about safety being compromised? >> absolutely not. we never compromise safety. safety is always our number one priority. >>> democrats face a new hurdle in their bid to keep control of the u.s. senate in 2014. finance committee max baucus says he will not seek a seventh term in office. bachus has served in
the faa's mismanagement of this issue is a source of bipartisan frustration. our goal here shouldn't be to score political points on the backs of weary travelers. it should be to fix the problem. >> i find it fascinating that mitch mcconnell, the leader of the republican party in the senate is decrying the sequester that he decried in the past and then supported. this is a result of the sequester being implemented. we made it clear that there would be these kinds of negative effects if...
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Apr 23, 2013
04/13
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we're keeping as close track as we can based on the information from the faa. which are sequester-related and which are not. the point is these delays are increasing today as we speak and we think will continue based upon the fax's forecast to snow ball as time goes on. >> can you give me a percentage, at least today, for example? i said there are about 1,200 flights delayed. do we know what percentage you believe were canceled or delayed as a result of the furlough? >> i can't answer that right now. >> okay. we know reuters is reporting that the senate commerce committee leaders are pressing the obama administration for more information on how it plans to furlough air traffic controllers and close contract towers, and how it would affect public safety. there is a quote from senate commerce committee chairman jay rockefeller. he said we are faced with substantial possible disruptions to the air transportation system. what is your may know concern? obviously jobs. as far as public safety, are there questions that are lingering right now? >> we're comfortable on
we're keeping as close track as we can based on the information from the faa. which are sequester-related and which are not. the point is these delays are increasing today as we speak and we think will continue based upon the fax's forecast to snow ball as time goes on. >> can you give me a percentage, at least today, for example? i said there are about 1,200 flights delayed. do we know what percentage you believe were canceled or delayed as a result of the furlough? >> i can't...
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Apr 22, 2013
04/13
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we have seen the faa budget for controllers rise 50%, and traffic is down 27%. so we're throwing more money to handle less of a problem, yet now is the time we chose to start making the american people feel the pain? it just doesn't make sense. >> shepard: the american people are already feeling the pain. i've been flying for a long time, and it's never been like this. every flight you get on, it's filled to the brim. the planes are smaller, the number of people vrabel to help you is fewer, and flying is often miserable, and wasn't always like this. wasn't leak this a couple of years ago. it's like we're down to almost one airline, and you wonder when we'll reach the tipping point and people go, enough. >> you're right. airlines are really cutting everyplace they can to make money. airlines are more profit baseball and i think the passenger experience is suffererring. >> they are lot more profitable, making tons of money and passengers are suffering. you wonder when it is that customers go, no, you have to do better. i guess unless and until there's an alternati
we have seen the faa budget for controllers rise 50%, and traffic is down 27%. so we're throwing more money to handle less of a problem, yet now is the time we chose to start making the american people feel the pain? it just doesn't make sense. >> shepard: the american people are already feeling the pain. i've been flying for a long time, and it's never been like this. every flight you get on, it's filled to the brim. the planes are smaller, the number of people vrabel to help you is...
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Apr 24, 2013
04/13
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flyers are feeling the brunt of the sequester cuts at airports around the country, harsh words for the faa administrators at a house appropriations subcommittee hearing earlier. >> you didn't inform the congress of this sequester impact and what you plan to do about it. this imperial attitude on the part of the administration and you're the most recent example of that imperialism is disgusting. >> the fbi and secret service are investigating the hack attack on the ap twitter account. a tweet went around saying two explosions in the white house and barack obama injured. the dow jones immediately took a nosedive after that dropping nearly 130 points. 200 billion in revenue wiped out but it quickly rebounded after learning it was a false report and white house press secretary jay carney assured the public the president was safe. >>> a pennsylvania judge dropped three of the eight murder charges against an abortion doctor. he is still facing the death penalty. >>> the justice department is suing lance armstrong for violating his contract with the u.s. postal service. the lawsuit claims armstro
flyers are feeling the brunt of the sequester cuts at airports around the country, harsh words for the faa administrators at a house appropriations subcommittee hearing earlier. >> you didn't inform the congress of this sequester impact and what you plan to do about it. this imperial attitude on the part of the administration and you're the most recent example of that imperialism is disgusting. >> the fbi and secret service are investigating the hack attack on the ap twitter...
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Apr 23, 2013
04/13
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. >> reporter: the faa is blaming the delays on across-the-board budget cuts which, it says, forced it on to furlough 15,000 air traffic controllers and other workers and were spacing out flights in the name of safety. several hundred flights delayed, less than the agency's prediction of 6,700 daily flight delays. but transportation secretary ray lahood warns abc, we might see an airplane apocalypse yet. >> we did not take into account weather activities. these delays could get extended beyond the 60 to 90 minutes. >> reporter: late monday, i decided to investigate the delays myself. taking a round-trip from miami -- not bad. taking off about 25 minutes late. to orlando -- it looks like we're about to take off about 50 minutes late. not too bad given the circumstances. and back. now, a lot of folks back in there gripe that probably the airports that the politicians and congressmen use, washington national, probably didn't have too many delays. it did. delays up to two hours. airline analysts say if this persists through the summer, we could see ticket prices start to rise. robin? >> we
. >> reporter: the faa is blaming the delays on across-the-board budget cuts which, it says, forced it on to furlough 15,000 air traffic controllers and other workers and were spacing out flights in the name of safety. several hundred flights delayed, less than the agency's prediction of 6,700 daily flight delays. but transportation secretary ray lahood warns abc, we might see an airplane apocalypse yet. >> we did not take into account weather activities. these delays could get...
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Apr 22, 2013
04/13
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the airline industry says the faa's plan maximizes flight delays. >> we believe that the faa has the discretion not to furlough the air traffic controllers. they keep the planes in the air, get them to the ground and keep travelers moving, keep shipping moving and that's critical to our economy. >> congressional republicans charge the administration is structuring these cuts to worsen their impact. in a statement, congressman bill shuster the chairman of the house committee on transportation and freezing rain structure says quote the administration views the sequester as an attempt to score political points rather than address real issues and find real savings in a bloated federal bureaucracy. he points to sizeable increases in the faa's budget and continued spending on consultants and travel. the administration says the law requiring these cuts gives officials few options. >> furloughs cannot be avoided. 70% of the faa's operation's budget is personnel. the faa must furlough 47,000 employees up to 11 days between now and the end of the fiscal year. >> the replace cuts with other cut
the airline industry says the faa's plan maximizes flight delays. >> we believe that the faa has the discretion not to furlough the air traffic controllers. they keep the planes in the air, get them to the ground and keep travelers moving, keep shipping moving and that's critical to our economy. >> congressional republicans charge the administration is structuring these cuts to worsen their impact. in a statement, congressman bill shuster the chairman of the house committee on...
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Apr 22, 2013
04/13
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for the faa the numbers don't add up. their work load has been decreasing and yet they didn't make the necessary changes to prepare for the sequestration. which they've known since last fall was coming. that's why it's just politics as usual in d.c. >> neil: so these cuts that the white house was referring to that took effect formally yesterday, aren't real? >> the cuts are real all right but the problem for the federal aviation administration is their real work load has been falling or forever a decade, and when they were told they had to do the sequestration last fall, logically you would have prepared and put your work force in place at atlanta and new york, and not at branson, missouri, which averages less than one flight per hour. they didn't do that. they were counting -- i was in washington, dc for almost 15 years. you expect things to work out, expect to never have to cut. but the cuts are here but they don't get it. for next year's budget they asked for 100 more people, and three extra billion dollars for securit
for the faa the numbers don't add up. their work load has been decreasing and yet they didn't make the necessary changes to prepare for the sequestration. which they've known since last fall was coming. that's why it's just politics as usual in d.c. >> neil: so these cuts that the white house was referring to that took effect formally yesterday, aren't real? >> the cuts are real all right but the problem for the federal aviation administration is their real work load has been...
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Apr 23, 2013
04/13
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. >> faa says the skies are a little less crowded today and frustration among passengers a little higher. >> getting angry. irritated. we don't want you to be here. >> gate agent tells passengers we didn't know this would happen but actually two months ago the transportation secretary hood warned budget cuts could force the faa to furlough tenth of the controllers. >> congress needs to fix this. congress needs to fix a very dumb law. >> congress hasn't fixed it and new the faa says every air traffic controller layed off one day every two weeks. and flights will be delayedw3 or cancelled. >> plane back to lax. sat on the tarmac for about an hour. >> larry point dexter flight in san antonio didn't make it to los angeles last night. diverted to fresno. some flights from los angeles to here in san jose were hours late last night. >> we had flights operating as late as as early as 2:00 a.m. >> that was a flight was to arrive before 11:30. los angeles international had 3 fewer controllers today. mike kennedy flight delayed sex hours. >> bomb delay 6 hours captain work. what everybody is delay
. >> faa says the skies are a little less crowded today and frustration among passengers a little higher. >> getting angry. irritated. we don't want you to be here. >> gate agent tells passengers we didn't know this would happen but actually two months ago the transportation secretary hood warned budget cuts could force the faa to furlough tenth of the controllers. >> congress needs to fix this. congress needs to fix a very dumb law. >> congress hasn't fixed it and...
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Apr 24, 2013
04/13
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take a look at the faa budget. if the sqest goes through and stays in place the faa will have more money to spend in 2013 than what the president asked for in his budget submission. >> hold on. hold on. stop. because sometimes there are things that are said that need to be repeated. >> okay. >> i want you -- >> really? >> let's have three seconds of silence. then i want you to repeat that again. 1-2-3, go. >> yeah. if the sequester goes into effect and stays into effect and the savings are achieved, the faa, for this year, will have more money to spend than what the president asked for in his budget submission. i think that tells you all you need to know. >> pat, how many times have you and i heard people in the media and on both sides, depending on what committee they are on, screaming about massive spending cuts and how locust we are going to descend from the skies and eat flesh off of our bones? and we find out later that they have more money this year to spend than they had last year? >> but this is why they ar
take a look at the faa budget. if the sqest goes through and stays in place the faa will have more money to spend in 2013 than what the president asked for in his budget submission. >> hold on. hold on. stop. because sometimes there are things that are said that need to be repeated. >> okay. >> i want you -- >> really? >> let's have three seconds of silence. then i want you to repeat that again. 1-2-3, go. >> yeah. if the sequester goes into effect and stays...
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Apr 23, 2013
04/13
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the faa estimates nationally that these delays would cause 6,700 delays a day. >>> a nuclear power plant in eastern tennessee has extra security this morning after a shooting over the weekend. police say a man fired shots at a guard who then returned fire. it happened at the watts bar plant in spring city. no one was hurt. >>> well, president obama has invited all 20 female senators to dinner at the white house tonight. it's the latest get-together scheduled by the president in an effort to find common ground with congress. no word yet on just who has rsvp'd. >>> and new york mayor michael bloomberg wants to raise the legal age to buy cigarettes from 18 to 21. it would be the strictest limit of any big city but would only affect purchases. it would not prohibit those younger from 21 from having or even smoking cigarettes. >>> no to what's moving your money. cnbc's courtney reagan is here. courtney, good morning to you. >> hi, richard. apple reports earnings today. with the stock dropping below $400 a share after peaking above 700 in september, you know it's the talk of wall street. apple
the faa estimates nationally that these delays would cause 6,700 delays a day. >>> a nuclear power plant in eastern tennessee has extra security this morning after a shooting over the weekend. police say a man fired shots at a guard who then returned fire. it happened at the watts bar plant in spring city. no one was hurt. >>> well, president obama has invited all 20 female senators to dinner at the white house tonight. it's the latest get-together scheduled by the president...
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Apr 23, 2013
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. >> reporter: the faa has ordered 14,750 air traffic controllers on furlough two days a month. that's to help make up for $600 million in mandatory budget cuts called sequester. the faa sahacaed 400 delays nationwide on sunday averaging 85 minutes at new york's laguardia airport and 70 minutes at jfk. sporadic delays were also reported monday in charlotte, north carolina, and jacksonville, florida. transportation department head ray lahood says there was no other choice. >> we eliminated contracts. we cut contracts. we eliminated temporary employees. we looked everywhere possible to avoid the kind of furloughs that are now taking place. >> reporter: not everyone agrees. nick represents the airline industry which is suing to stop the furloughs. >> the faa has a budget of $15.6 billion. in a budget that big surely they can find the money to not furlough the air traffic controllers and have this kind of rolling impact on the u.s. economy. it's going to cost a lot more. >> reporter: critics argue president obama wants the public to feel the effects of sequester to create pressure s
. >> reporter: the faa has ordered 14,750 air traffic controllers on furlough two days a month. that's to help make up for $600 million in mandatory budget cuts called sequester. the faa sahacaed 400 delays nationwide on sunday averaging 85 minutes at new york's laguardia airport and 70 minutes at jfk. sporadic delays were also reported monday in charlotte, north carolina, and jacksonville, florida. transportation department head ray lahood says there was no other choice. >> we...
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Apr 23, 2013
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the faa arted furloughing air traffic controllers and other employees sunday. cascading delays held up flights at some of the busiest airports and in some cases up to many hos. > disgraced fmer new york ste congressman anthony weaner is tweeting once again launching a new account some two yea after his twier scandal that led to his political fall from grace. he resigned in 2011 after admitting to exchanging inappropriate messages with several women. his latest tweets stick to policy only asis name emerges in the field of potential candides for new york city mayor. >>> we all have dreams and this goat's dream is to be apparently a chicken? so far the impression is spot . ke a look. [ clucking ] so our obsessions with goats continues. and the noises they make. >> talking goats, singing goats. >> break out to bon jovi. weove the goats. >> take that act t vegas. >> mr. roker has a special guest. >> when that goat lays an e whh is what i do just about every day. carl leonard is here. >> 25,000 volunteers are going out in one day all day to give about a half million
the faa arted furloughing air traffic controllers and other employees sunday. cascading delays held up flights at some of the busiest airports and in some cases up to many hos. > disgraced fmer new york ste congressman anthony weaner is tweeting once again launching a new account some two yea after his twier scandal that led to his political fall from grace. he resigned in 2011 after admitting to exchanging inappropriate messages with several women. his latest tweets stick to policy only...
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Apr 24, 2013
04/13
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if there was a line item at the faa, the faa was still have to because of theat inflexibility of the sequestration law. that shows the sequestration is a bad approach. we to replace it with something more long term. host: martin, a republican. caller: good morning. thank you for taking my call. of the employees of the faa are air traffic controllers. and that their budget this year is larger after the budget. i will wait for that common. stop using the code word "balance." just say you're going to raise taxes. say i willy to continue with a balanced approach. i think that is the right approach. 40,000 ,000 of the employees at the faa are air- traffic controllers. most of the employees at the faa are subject to this furlough. that is because of the inflexibility of the sequestration law. host: lewis from maryland. caller: thank you for taking my call. tohought they were going control the air traffic by satellite and the gps system. would this given some time with the changes you have now and the number of air traffic controllers being laid off. could they go to a satellite gps system?
if there was a line item at the faa, the faa was still have to because of theat inflexibility of the sequestration law. that shows the sequestration is a bad approach. we to replace it with something more long term. host: martin, a republican. caller: good morning. thank you for taking my call. of the employees of the faa are air traffic controllers. and that their budget this year is larger after the budget. i will wait for that common. stop using the code word "balance." just say...
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Apr 24, 2013
04/13
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required by law to cut $1 billion between now and the end of september, $637 million from the faa. the faa has initiated a series of cost-saving measures above personnel and non personnel related including a hiring freeze, restrictions on travel, terminations of certain temporary employees the reductions in contracts. the fact is 70 percent of the operational budget is personnel. there is simply no way to avoid furloughs. the secretary laid this out as an inevitable consequence of sequester were to become law, implemented, and overtime all of these other measures were implemented and the final action had to be furloughed. now, that's just a fact. the president has proposed a balanced plan to replace the sequester and reduce our deficit while making the investments that are necessary, have our economy grow and create jobs cannot protect the middle-class and seniors. the president is engaged in the process where he is trying to find common ground to see if it exists of republicans. reducing our deficit and a balanced way and as before the plan that would do that and would eliminate t
required by law to cut $1 billion between now and the end of september, $637 million from the faa. the faa has initiated a series of cost-saving measures above personnel and non personnel related including a hiring freeze, restrictions on travel, terminations of certain temporary employees the reductions in contracts. the fact is 70 percent of the operational budget is personnel. there is simply no way to avoid furloughs. the secretary laid this out as an inevitable consequence of sequester...
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Apr 19, 2013
04/13
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faa warns of thousands of flight delays, will you change your travel plans? drivers take the trains instead? log on to facebook.co facebook.com/afterthebell. we'll read your responses later this hour. please don't move. we're right here for you. ♪ [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it just common sense. from td ameritrade. david: it was down week but up day at least toward the end of the day. s&p futures are closing. head to scott bauer at the pits of the the cme. what does it look like for monday, scott? >> now that volatility settled in, i think we'll have more volatility coming into the market next week. really monday and tuesday, we get existing home sales and new home sales. i think those will be two key economic reports among
faa warns of thousands of flight delays, will you change your travel plans? drivers take the trains instead? log on to facebook.co facebook.com/afterthebell. we'll read your responses later this hour. please don't move. we're right here for you. ♪ [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on...
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Apr 24, 2013
04/13
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CSPAN
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if there was a line item at the faa, the faa was still have to cut cut8% of that because of the inflexibility of the sequestration law. that shows the sequestration is a bad approach. we need to replace it with something more long term. host: martin, a republican. caller: good morning. thank you for taking my all. only 1/3 of the employees of the faa are air traffic controllers. and that their budget this year is larger after the budget. i will wait for that common. stop using the code word "balance." just say you're going to raise taxes. guest: sorry to say i will continue with a balanced approach. i think that is the right pproach. about 15,000 of the 40,000 employees at the faa are air-traffic controllers. most of the employees at the faa are subject to this urlough. that is because of the inflexibility of the sequestration law. host: lewis from maryland. caller: thank you for taking my all. i thought they were going to control the air traffic by satellite and the gps system. would this given some time with the changes you have now and the number of air traffic controllers being laid off.
if there was a line item at the faa, the faa was still have to cut cut8% of that because of the inflexibility of the sequestration law. that shows the sequestration is a bad approach. we need to replace it with something more long term. host: martin, a republican. caller: good morning. thank you for taking my all. only 1/3 of the employees of the faa are air traffic controllers. and that their budget this year is larger after the budget. i will wait for that common. stop using the code word...
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Apr 22, 2013
04/13
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seventy percent of the faa's operations budget is personnel. the faa must furlough 47,000 employees for up to 11 days between now and the end of the fiscal year. and that's why secretary lahood, here in this room two months ago, called on congress to replace these dumb sequester cuts and put instead in place a smarter approach to deficit reduction. remember, this is a result of sequester that was never meant to be law. and it was never meant to be law for reasons like this -- because the across-the-board nature of cuts. and in an agency like dot and the faa, because they're personnel-heavy, the effect of these cuts inevitably will be felt at the personnel level. congress can act. it could have acted in the past. it could have brought down the sequester and avoided it entirely. congress could act now to do that. republicans in congress could decide that the victory party is over and it's time to get serious about the economy, get serious about the effects of the sequester on americans across the country in a variety of ways, and either postpone
seventy percent of the faa's operations budget is personnel. the faa must furlough 47,000 employees for up to 11 days between now and the end of the fiscal year. and that's why secretary lahood, here in this room two months ago, called on congress to replace these dumb sequester cuts and put instead in place a smarter approach to deficit reduction. remember, this is a result of sequester that was never meant to be law. and it was never meant to be law for reasons like this -- because the...
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Apr 23, 2013
04/13
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faa furloughs went into effect leaving fewer air traffic controllers on the job and we have more from abc's matt gutman. >> reporter: the delays piled up in charlotte. waits up to 75 minutes at baltimore washington and at all three new york airports. >> when you have cuts like this, it's not good. it's one of the very few jobs, i think, that should not have one. >> reporter: the faa didn't mince words, blaming most of the backlog on federal budget cuts. the agency said, the crunch forced it to furlough its air traffic controllers one day every other week. it saves the agency nearly $640 million, but the faa says it could cost travelers 90-minute delays on 6,700 flights every day. and the early numbers show delays at baltimore washington anew york's laguardia, spiking fourfold over last monday. part of that could be weather related. but at other airports like philadelphia, not much change. to see for ourselves, we boarded a flight in miami for orlando. here's the confusing thing. the flights to washington, d.c., all seem to be delayed from miami. but but flight tracker here on faa webs
faa furloughs went into effect leaving fewer air traffic controllers on the job and we have more from abc's matt gutman. >> reporter: the delays piled up in charlotte. waits up to 75 minutes at baltimore washington and at all three new york airports. >> when you have cuts like this, it's not good. it's one of the very few jobs, i think, that should not have one. >> reporter: the faa didn't mince words, blaming most of the backlog on federal budget cuts. the agency said, the...
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Apr 24, 2013
04/13
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>> the faa's budget is immense. it's contractors, consultants, it's matter of sitting down and prioritizing and saying what do we need now? what can we put off until later? i mean their budget is huge and to do this on the backs of the controllers on the front line is so incredibly wrong, it feels like you are a character in a remake of "one flew over the cuckoo's nest" sometimes. >> bill: interesting. i'm thinking back to ronald reagan, and here again the air traffic controllers are being beat up in this. >> yeah we're more profile when you see things like that. and it will make the biggest impact. sequestration was supposed to be so bad that there's no way we will go down that road. well, we're here. so let's stop playing political games with the national air space system. >> bill: is there a safety issue, jim? >> i would say that as this goes on, there are absolutely safety concerns in place. we are, again, looking at the closures of those 149 towers come june that will add to the work load of an already stressed
>> the faa's budget is immense. it's contractors, consultants, it's matter of sitting down and prioritizing and saying what do we need now? what can we put off until later? i mean their budget is huge and to do this on the backs of the controllers on the front line is so incredibly wrong, it feels like you are a character in a remake of "one flew over the cuckoo's nest" sometimes. >> bill: interesting. i'm thinking back to ronald reagan, and here again the air traffic...
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Apr 19, 2013
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the faa has discretion to implement cuts without furloughing air traffic controllers. like customs department, tsa, they have not acted to minimize potential impacts. airlines are not happy about this at all. they mentioned the tsa. the tsa line, there the tsa will not furlough anybody. they come up with anybody for that to minimize the i am packs. they're disappointed airlines, are the administration is doing that. secretary lahood says we have to save money somehow. i leave you with airline stocks. it has been a great year. hope that doesn't get blown up by all of this. i'm going on vacation on sunday. that is when the furloughs are starting to kick in. i will be reporting angrily from the airport if you see me on monday, i'm not going to be happy. tracy:. tracy: ashley will be back on monday. you know how he gets when he talks about airlines and airline experiences. between the two of you will be good tv. jeff flock. >> thanks, trace. tracy: quarter past the hour. we have to get a check on these markets. as we do, lauren simonetti on the floor the exchange. we're lo
the faa has discretion to implement cuts without furloughing air traffic controllers. like customs department, tsa, they have not acted to minimize potential impacts. airlines are not happy about this at all. they mentioned the tsa. the tsa line, there the tsa will not furlough anybody. they come up with anybody for that to minimize the i am packs. they're disappointed airlines, are the administration is doing that. secretary lahood says we have to save money somehow. i leave you with airline...
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Apr 23, 2013
04/13
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CURRENT
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faa's operations budget is personnel. the faa must furlough 47,000 employees for up to 11 days between now and the end of the fiscal year. >> bill: the bottom line is you can't have it both ways. you cannot say we want the sequester. we're going to let the sequester happen. and then bitch and moan every time the sequester has a real impact in the real world. which it is happening. before this, maybe it was just in areas where most people who are -- upper middle class or wealthy, didn't feel any pain. programs like head start or food stamps or meals on wheels, right. didn't affect me. because i got a good life. well now you know, you're getting on a plane to go somewhere and you have a two-hour delay serves you right. only one way to get rid of this which is get rid of the sequester and have some sensible cuts not just these mad across-the-board cuts and if republicans really don't like what's happening, get rid of the sequester. one other issue immigration. immigration reform has a head of steam because there are -- this
faa's operations budget is personnel. the faa must furlough 47,000 employees for up to 11 days between now and the end of the fiscal year. >> bill: the bottom line is you can't have it both ways. you cannot say we want the sequester. we're going to let the sequester happen. and then bitch and moan every time the sequester has a real impact in the real world. which it is happening. before this, maybe it was just in areas where most people who are -- upper middle class or wealthy, didn't...
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Apr 23, 2013
04/13
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FOXNEWSW
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the faa typically does not wait until the ntsb has finished its investigation. the ntsb p takes a long type. the normal investigation lasts well over a year and there are two months into the battery fire probe and there's been no determination of a cause. they do know the li lithium ion battery overheated and that led to overheating and a fire. they are including a redesigned battery with better insulation between the cells and a better steel containment box that engineers say won't allow for any air to fuel a fire. they've redesigned the charge erp sore the battery doesn't have to work as hard. the faa has given approval to that fix and boeing says it could have its planes back in the air with the airlines flying customers again by the end of next week. back to you, martha. martha: that's been quite a story. dan, thank you. bill: from capitol hill the tempers are flaring today. have a look at this right here. >> i say that particularly those who are pointing to what happened the terrible tragedy in boston as i would say an excuse for not doing a bill, or delayi
the faa typically does not wait until the ntsb has finished its investigation. the ntsb p takes a long type. the normal investigation lasts well over a year and there are two months into the battery fire probe and there's been no determination of a cause. they do know the li lithium ion battery overheated and that led to overheating and a fire. they are including a redesigned battery with better insulation between the cells and a better steel containment box that engineers say won't allow for...
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Apr 23, 2013
04/13
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FOXNEWSW
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>> possible options for travelers now that it is day three of the faa furloughs longer airport wait time, longer tarmac wait time perhaps canceled flights all together. now they have filed a motion to place a moratorium on the rule saying airlines cannot let passengers remain on the tarmac for more than 3 hours. the motion notes 6700 flights will be delayed daily at 13 of the busiest airports now that the furloughs have started f. you add bad weather on ton of that it could get pretty ugly. if the tarmac rule does stay in place airlines may be forced to cancel flights and significantly disrupt travel plans. because they don't have the appropriate staff to go deal with the travel disruption. >> they are telling passengers there's always the bus. >> college, is it worth it or not worth it? >> there is a growing number of people saying it's not worth it. no longer guarantees success. even a good enough job where you make enough money to pay back your student loan. the average college grad is graduating with 28,000 in debt. that's why some high school grads are starting their own businesses
>> possible options for travelers now that it is day three of the faa furloughs longer airport wait time, longer tarmac wait time perhaps canceled flights all together. now they have filed a motion to place a moratorium on the rule saying airlines cannot let passengers remain on the tarmac for more than 3 hours. the motion notes 6700 flights will be delayed daily at 13 of the busiest airports now that the furloughs have started f. you add bad weather on ton of that it could get pretty...
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Apr 22, 2013
04/13
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CNNW
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the faa says with fewer eyeballs, there will be better managed traffic. that's coming up next. but i wondered what a customer thought? describe the first time you met. you brought the flex in... as soon as i met fiona and i was describing the problem we were having with our rear brakes, she immediately triaged the situation, knew exactly what was wrong with it, the car was diagnosed properly, it was fixed correctly i have confidence knowing that if i take to ford it's going to be done correctly with the right parts and the right people. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. did you tell him to say all of that? no, he's right though... ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. oh, hi thehey!ill. are you in town for another meeting? yup, i brought my a-team. business trips add up to family time. this is my family. this is joe. hi joe! hi there! earn a ton of extra hhonors points with the dai
the faa says with fewer eyeballs, there will be better managed traffic. that's coming up next. but i wondered what a customer thought? describe the first time you met. you brought the flex in... as soon as i met fiona and i was describing the problem we were having with our rear brakes, she immediately triaged the situation, knew exactly what was wrong with it, the car was diagnosed properly, it was fixed correctly i have confidence knowing that if i take to ford it's going to be done correctly...
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Apr 24, 2013
04/13
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KNTV
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the pilot comes on and says, if you've got a problem, call the faa. the faa says, don't talk to us, talk to congress who put the sequester in place. >> the pilots got on and said, it's not the airline's fault, we're sorry you're waiting here on the runway, but you can go online and find a petition to end the furloughs. >> what happens now with the fines, you know, if you're on a tarmac, if you're on a plane stuck for more -- >> that's a good point. >> are the airlines responsible for that? >> the airlines are saying no -- >> are they going to try to get a waiver? >> they're saying they're not responsible, it's an air traffic control situation, because of the furloughs, they're not able to manpower all of the air traffic control posts. so, you know, therefore, we all end up suffering. and thairi think they're passin blame around. >> one third of laguardia flights were delayed. >> 20% delayed at reagan national in newark and philly. these are central hubs, so there's a ripple effect at any of these airports. there's been the blame game, back and forth i
the pilot comes on and says, if you've got a problem, call the faa. the faa says, don't talk to us, talk to congress who put the sequester in place. >> the pilots got on and said, it's not the airline's fault, we're sorry you're waiting here on the runway, but you can go online and find a petition to end the furloughs. >> what happens now with the fines, you know, if you're on a tarmac, if you're on a plane stuck for more -- >> that's a good point. >> are the airlines...
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Apr 22, 2013
04/13
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KTVU
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the faa said planes will have to take off and land more frequently. that would translate to potential longer lines at the airport. joining me is the spokesperson for sfo. can you give me an idea of how many travelers will be out on every given day or? >> what i can tell you, it's about a 10% of reduction. if i'm an air traffic controller, one of my days out of ten is reduced as the furlough. >> reporter: do you have any idea if this will impact the lines? >> i think where we might see some effect is more from the faa perspective. i don't know if it will affect the lines at the airport. but in terms of flight delays, if there's another airport that has congestion issues or staffing issues, even if we're fined locally, we may experience delays to and from the location. it's very much a nationwide issue. >> reporter: it's a juggling act for you. i think one of the things we can expect, there is a procedure we use and that requires an extra controller. not an issue today but if we have bad weather conditions, we might not be able to use that procedure. >>
the faa said planes will have to take off and land more frequently. that would translate to potential longer lines at the airport. joining me is the spokesperson for sfo. can you give me an idea of how many travelers will be out on every given day or? >> what i can tell you, it's about a 10% of reduction. if i'm an air traffic controller, one of my days out of ten is reduced as the furlough. >> reporter: do you have any idea if this will impact the lines? >> i think where we...
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Apr 23, 2013
04/13
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FOXNEWSW
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nineteen certification tests were done, and that was enough to convince the faa the public will be safe. boeing is in the process of retrofitting the 50 dreamliners, and we expect to have the first airline back up in the air are the retro-- airline retrofitted by the end of next week. jon: let's hope that's the end of the problem. dan springer, thank you. and we'll be right back. ... ... [ male announcer ] this is george. the day building a play set begins with a surprise twinge of back pain... and a choice. take up to 4 advil in a day or 2 aleve for all day relief. [ male announcer ] that's handy. ♪ just seem to fade away...? now start vibrant, stay vibrant! new vidal sassoon pro series has an exclusive hydrablock system that helps fight fade out -- for up to 8 weeks. vidal sassoon pro series. salon genius. affordable for all.
nineteen certification tests were done, and that was enough to convince the faa the public will be safe. boeing is in the process of retrofitting the 50 dreamliners, and we expect to have the first airline back up in the air are the retro-- airline retrofitted by the end of next week. jon: let's hope that's the end of the problem. dan springer, thank you. and we'll be right back. ... ... [ male announcer ] this is george. the day building a play set begins with a surprise twinge of back pain......
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Apr 23, 2013
04/13
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MSNBCW
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the faa, the fbi, national institutes of health. the best way that mitch mcconnell and republicans can help us deal with this, is to support our legislation that would replace the sequester in a balanced and targeted way. >> we all hear about budget cuts and maybe some jurisdictions are blame things on the sequester. but just the other night i heard from a former senate staffer, she's a mom, two little girls, about deep cuts which are shutting down right here in the district of columbia, all the musical, music and art teaching in a particular school, a very special school. so are jurisdictions beginning to blame this on the sequester? is this really the sequester kicking in? >> well, look, there's no free lunch at the end of the day. the reality is, we can and should make cuts wherever possible. if there's waste in the budget, it should be eliminated, we should find efficiencies. but as i indicated, two years ago we cut over $1.2 trillion from this whole portion of the budget. that goes to things like head start. that goes to early
the faa, the fbi, national institutes of health. the best way that mitch mcconnell and republicans can help us deal with this, is to support our legislation that would replace the sequester in a balanced and targeted way. >> we all hear about budget cuts and maybe some jurisdictions are blame things on the sequester. but just the other night i heard from a former senate staffer, she's a mom, two little girls, about deep cuts which are shutting down right here in the district of columbia,...
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Apr 22, 2013
04/13
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CSPAN2
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we advocate, and what we think is the right solution is the faa, the government agency, they need to learn with those bodies. they need to learn to understand exactly what's being done in the different industries to deal with different threats. and that's how we're going to develop our own best practice. >> host: gautham nagesh. >> greg, you mentioned that thebacking industry is largely ahead of the curve when it comes to these sorts of things, likely due to the nature of the business itself, and like you said, the criminals are often looking for money. how would you say the broader employees of your industry, how successful would your education efforts be, would you say, and have there been any keys that could be applied to other critical infrastructure sectors? >> guest: i think the, you know, by and large, employees within the financial institutions, um, are fairly well aware of what's going on, and, you know, given over the last year increasing news about attacks on the financial system, the awareness has only grown. as part of every bank's standard procedures, employees are test
we advocate, and what we think is the right solution is the faa, the government agency, they need to learn with those bodies. they need to learn to understand exactly what's being done in the different industries to deal with different threats. and that's how we're going to develop our own best practice. >> host: gautham nagesh. >> greg, you mentioned that thebacking industry is largely ahead of the curve when it comes to these sorts of things, likely due to the nature of the...
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Apr 24, 2013
04/13
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FOXNEWSW
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some lawmakers complained that the faa did not say how all of this would be implemented until last week. >> we have been talking about reduction in available controller hours of 10 pierce for months. >> you didn't tell them which airports, which airlines? >> we told them that they should expect significant impacts at major hub facilities. >> well, lat at this da. everyone new that. >> now w. now the f.a.a. saying more than 125,000 flight delays yesterday alone were attributed to staff reductions due to furloughs, lawmakers are likely feeling pressure from unhappy constituents. among the suggestions today, targeting the furloughs to less busy airports but the f.a.a. says it cannot pick winners and losers, it's also been suggested it could cut less important parts of the agency's budget which the white house says is not correct. >> the law does not allow for the kind of flexibility when it comes to the f. auburn hills budget that some of these members, republicans principally, all claim it has. they should read the law. they wrote it, they should know what's in it. >> there are a number o
some lawmakers complained that the faa did not say how all of this would be implemented until last week. >> we have been talking about reduction in available controller hours of 10 pierce for months. >> you didn't tell them which airports, which airlines? >> we told them that they should expect significant impacts at major hub facilities. >> well, lat at this da. everyone new that. >> now w. now the f.a.a. saying more than 125,000 flight delays yesterday alone were...
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Apr 18, 2013
04/13
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FOXNEWSW
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able to see live shots what what have was happening because of the restrictions put in place by the faa. of course, the toxic fumes were a reason to evacuate many people from a triage that had been set up on the high school football field there in the town of west. i am not sure people can understand the magnitude and th. [inaudible] -- it was liken to the oklahoma city bombing. just a tower of fertilizer exploding. [inaudible] not just the devastation but the power of this blast that literally ripped the back end off of a white pickup truck and blew the windows out. we are hearing stories like that all across town. you know, wednesday night in texas, it is normally church night. folks were coming out from their wednesday evening prayer meetings and bible studies and they were thrust into this explosion that happened around 8:00 central time. many people didn't get a lot of warning. we do have new information from the dallas morning news. they are telling us, first of all that the american red cross, they areach are dispatching peoo help hundreds of people try to find somewhere to sleep
able to see live shots what what have was happening because of the restrictions put in place by the faa. of course, the toxic fumes were a reason to evacuate many people from a triage that had been set up on the high school football field there in the town of west. i am not sure people can understand the magnitude and th. [inaudible] -- it was liken to the oklahoma city bombing. just a tower of fertilizer exploding. [inaudible] not just the devastation but the power of this blast that literally...
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Apr 16, 2013
04/13
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WRC
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faa has asked they halt the flights until 5:00, reagan international has several cancelled flights from american right now. >>> a teenage girl accused of sexting in northern virginia, why some say there was a double standard in the way she was published. >> everything was loud, i heard the explosion, called 911, i was waiting for the firefighters to come. >>> the fight to reach three college students trapped as the house went up in flames around them. >>> and temperatures will continue to warm as we finish off the workweek. but cooler air arrives for the weekend. your complete forecast coming up >>> honoring the victims of virginia tech, the solemn . >> neighbors in arlington say they watched as two women jumped from the second floor of a burning home. the fire started this morning along north dinwiddy street. the flames were so intense it took more than 50 firefighters to get it under control. three people were home at the time. crews rushed two of them to the hospital with burns. the fire trapped a third person, samantha pazzo in the basement of the house. >> when i saw the smoke outs
faa has asked they halt the flights until 5:00, reagan international has several cancelled flights from american right now. >>> a teenage girl accused of sexting in northern virginia, why some say there was a double standard in the way she was published. >> everything was loud, i heard the explosion, called 911, i was waiting for the firefighters to come. >>> the fight to reach three college students trapped as the house went up in flames around them. >>> and...
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Apr 23, 2013
04/13
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KPIX
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several people from the obama administration are saying pressure the faa. tell them you want them to find a different way to balance their budgets. it doesn't have to be by putting these workers on furlough. they could tighten their other budget considerations. we'll see what happens when it really gets busy. ken bastida, kpix 5. >>> the next time you're getting ready to travel, you can check the status of your flight on our website, kpix.com. >>> federal officials are delaying a policy that would allow small knives, bats and other sports equipment on planes. the tsa says that the policy change has been delayed to accommodate feedback from an advisory committee made up of aviation industry, consumer and law enforcement officials. the change was to go into effect thursday. >>> coming up in our next half hour, another terror plot this time targeting mass transit. where the suspects allegedly planned to bomb a train and their ties to al qaeda. >> everyone that saw it was almost in tears. >> how a bay area school sent a special message to the student injured in
several people from the obama administration are saying pressure the faa. tell them you want them to find a different way to balance their budgets. it doesn't have to be by putting these workers on furlough. they could tighten their other budget considerations. we'll see what happens when it really gets busy. ken bastida, kpix 5. >>> the next time you're getting ready to travel, you can check the status of your flight on our website, kpix.com. >>> federal officials are...
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Apr 23, 2013
04/13
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KTVU
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the ntsb wants to know out prob -- how problems with the batteries went unnoticed by the faa and boeing inspectors during test flights. the problem grounded the jets three months ago. the faa approved a redesigned battery system and this week boeing is install the batteries and dreamliners that happen in operation around the world. small knives are still banned on planes. the tsa reversed its decision to start allowing small knives on board passenger planes. that would have happened this thursday. tsa is now saying it needs more time to reveal all of the public feedback on the decision. unions for flight attendants and pilots loudly protested against the change. many passengers say they really never liked the idea of allowing planes on -- knives on planes. >>> 8:19. some bay area schools are seeing a rise in bomb threats. now, just yesterday, a student at san francisco state found a suspicious package in a music and theater building. inside the package, a note saying a bomb was about to go off. now, police investigated the building, their search proved that threat was a hoax. >> it made
the ntsb wants to know out prob -- how problems with the batteries went unnoticed by the faa and boeing inspectors during test flights. the problem grounded the jets three months ago. the faa approved a redesigned battery system and this week boeing is install the batteries and dreamliners that happen in operation around the world. small knives are still banned on planes. the tsa reversed its decision to start allowing small knives on board passenger planes. that would have happened this...
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Apr 22, 2013
04/13
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KTVU
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reporter: airline and pilot organizations are trying to stop the furloughs from happening by suing the faa but they are here and commercial flights really move flatly throughout the united states yesterday. but the real test will come together. that is because air traffic -- because of budget cuts all air traffic controllers must take one day off every two weeks. that means they will lose one traffic controller every day. santa rosa airport they were down at least one controller yesterday. folks there said they were concerned about safety and felt the government could have made cuts elsewhere. >> we are looking at a tiny percentage that needs if be reduced. it's ridiculous they can't do that. you and i can certainly if we want to take $5 off of our spending for lunch over a month, it's easy for us to do. >> reporter: yesterday sfo and ma theta san jose reported no problems. sources inside the air traffic control tower here said four workers were furloughed yesterday. we still have to find out how many are furloughed today. meanwhile 100 contract towers in small airports across the country
reporter: airline and pilot organizations are trying to stop the furloughs from happening by suing the faa but they are here and commercial flights really move flatly throughout the united states yesterday. but the real test will come together. that is because air traffic -- because of budget cuts all air traffic controllers must take one day off every two weeks. that means they will lose one traffic controller every day. santa rosa airport they were down at least one controller yesterday....
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Apr 23, 2013
04/13
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MSNBCW
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basically, they're treating the controller just like any other faa employee. not giving them any special preference because they're on the front line. the airlines say it's preposterous. there ought to be room in a budget like that defined other cuts. but i think the most telling thing is the administration did not go to congress and say, look, this nightmare's going to happen, fix this problem at the faa. instead, they're saying seem to be saying that the only way the problem with air traffic controllers is going to be fixed is if congress rolls back the entire sequester. democrats seem to think this is the best leverage they have to get rid of the sequester altogeth altogether. >> using travelers and air traffic controllers and air safety as political leverage. we'll see how that works out, lisa myers. thank you so much. we greatly appreciate it. let's go to chuck todd right now, nbc news chief white house correspondent political director and host of the "daily rundown." chuck, do you think if a member of congress decides to put a bill on the floor that take
basically, they're treating the controller just like any other faa employee. not giving them any special preference because they're on the front line. the airlines say it's preposterous. there ought to be room in a budget like that defined other cuts. but i think the most telling thing is the administration did not go to congress and say, look, this nightmare's going to happen, fix this problem at the faa. instead, they're saying seem to be saying that the only way the problem with air traffic...
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Apr 24, 2013
04/13
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CSPAN
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according to g.a.o., 167 out of 434th flight training schools, 38% today do not have the required faa certification. i am told ice is often unaware when they revoke certification for flight training providers. i understand that ice is working with f.a.a. to thards issue. what updates and insurance consist you provide about ice's efforts to improve its communication with the f.a. toombings address this issue? >> i think we are very far along. by the way, senator, we're also moving from a new system governing institutions that educates student visa holders. this will help solve the problem. i will get to that. the silent screen process. under the present system, applicants for asylum must undergo a credible fear interview to determine whether they have a credible fear of persecution in his or her county of origin. but the officer determines that they have a credible fear, the application is a long for further consideration. this bill streamlines the process partly by allowing a screening officer to grants asylum immediately following the interview. if this were to become law, how would
according to g.a.o., 167 out of 434th flight training schools, 38% today do not have the required faa certification. i am told ice is often unaware when they revoke certification for flight training providers. i understand that ice is working with f.a.a. to thards issue. what updates and insurance consist you provide about ice's efforts to improve its communication with the f.a. toombings address this issue? >> i think we are very far along. by the way, senator, we're also moving from a...
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Apr 24, 2013
04/13
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CNNW
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but the faa warns hart fields jackson, los angeles international, chicago o'hare will also experience longer delays because of the furloughs. it is, you know, your -- >> it affects the bottom line. >> your elected officials at work. now you're going to feel it, pack your patience. >> yep. >> pack your patience at the airport. >> thank you very much, christine. 24 minutes past the hour. proud milestone for the city of boston this morning. just nine days after the marathon bombing boylston street is reopening the public we are happy to report. and we are going to take you there live. the boys used double miles from their capital one venture card to fly home for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the venture card because you can fly any airline anytime. two words. double miles! this guy can act. wanna play dodge rock? oh, you guys! and with double miles you can actually use, you never miss the fun. beard growing contest and go! ♪ i win! what's in your wallet? but with advair, i'm breathing better. so now i can help make thi
but the faa warns hart fields jackson, los angeles international, chicago o'hare will also experience longer delays because of the furloughs. it is, you know, your -- >> it affects the bottom line. >> your elected officials at work. now you're going to feel it, pack your patience. >> yep. >> pack your patience at the airport. >> thank you very much, christine. 24 minutes past the hour. proud milestone for the city of boston this morning. just nine days after the...
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Apr 16, 2013
04/13
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KTVU
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. >>> well, the faa is also banning all planes and helicopters except for emergency equipment from flying offer the area where the two explosions happened yesterday in boston. that no-fly zone reaches up to 3,000 feet high. it extends about two miles in every direction on the ground. the restrictions, however, do not affect flights in and out of boston's logan air. now, stay with us again on "mornings on 2" for the very late et on the bombings and the investigation in boston. we'll be tracking. very latest developments on the fbi investigation coming up in a live report from boston in our next hour. >>> 7:37. tragedy hit a san jose family overnight. a 7-year-old girl was killed in a house fire. ktvu's janine de la vega is at the house now and just talked to the little girl's grandmother. janine? >> reporter: yeah, that's right. a person who lives around the corner came up to talk to the grandmother who says she's a very strong woman. she wanted to leave flowers at the door. the family is feeling numb. they can't believe their little girl is gone. firefighters found her body in a detached
. >>> well, the faa is also banning all planes and helicopters except for emergency equipment from flying offer the area where the two explosions happened yesterday in boston. that no-fly zone reaches up to 3,000 feet high. it extends about two miles in every direction on the ground. the restrictions, however, do not affect flights in and out of boston's logan air. now, stay with us again on "mornings on 2" for the very late et on the bombings and the investigation in boston....
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Apr 18, 2013
04/13
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CSPAN2
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as of right now the faa has issued a temporary flight restriction over the area. the texas commission on environmental quality is providing air monitoring and technical assistance. texas task force one has been alerted to provide structural collapse support. the union pacific railroad has halted freight service. and local authorities have turned off utility service in the area including gas and electricity. there is an incident command center at a triage center, but they been recently moved due to fears that additional tanks could be at risk. theme, part of the department, has been activated and stands ready t assist texas upon request. the state fire marshal's office, the texas dps, the waco fire hazmat and other state agenes are also responding. the american red cross is working with local emergency management to identify shelter management assistance. we have within fema activated and incident management assistant jim, three preliminary damage assessment teams, and we are also standing by to assist in any other way. our eoc remains at level three, which is at i
as of right now the faa has issued a temporary flight restriction over the area. the texas commission on environmental quality is providing air monitoring and technical assistance. texas task force one has been alerted to provide structural collapse support. the union pacific railroad has halted freight service. and local authorities have turned off utility service in the area including gas and electricity. there is an incident command center at a triage center, but they been recently moved due...
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Apr 19, 2013
04/13
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CNBC
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separately, there are reports that the faa could approve boeing 787 dreamliner battery fix and in the plane's three-month grounding and that will probably be impacting the stock today. >> blackstone is ending its pursuit of dell ending the nationwide drop in pc sales and the move is founder michael dell and blackstone pulling out one month after it launched its will challenge to attempt to take dell private and dell shares are trading down in pre-market trading. general electric releasing first quarter earnings this morning and the company reported a 16% jump in earnings versus next quarter. last year on increased oil and gas drilling equipment sales and ge shed the last of its stake in nbc universal, and we have some breaking news, i believe. i'll go to beck owe this. we apparently have breaking news and not sure where we're going for this, but it does -- the affiliate in boston. i take it back. art hogan is standing by at lazard in boston and the events of today have shut down a wide swath of activity and this is not boston, this is not business as usual in boston. at this point abo
separately, there are reports that the faa could approve boeing 787 dreamliner battery fix and in the plane's three-month grounding and that will probably be impacting the stock today. >> blackstone is ending its pursuit of dell ending the nationwide drop in pc sales and the move is founder michael dell and blackstone pulling out one month after it launched its will challenge to attempt to take dell private and dell shares are trading down in pre-market trading. general electric releasing...